> > I think Andrew and Mick have summed this up nicely. > > From my experience most, but not all, Aussie startups either lack vision > or have vision but don't have the experience to understand how to execute > sequentially from something small and focused to something large and > broadly disruptive. My feeling is that both come from time in the game, > which is something that more and more good local startup people are > clocking up. As such we're probably not too far away from seeing a vast > improvement in this area. > > Andrew, your comments about the market size (assuming you mean the startup > market as opposed to the population of Australia) are right on. > > This is changing, but again it's really a function of time as additional > generations of startups (and related industries) leverage the success of > those before them. > > With that in mind, you're also 100% correct re: the highest benefit to the > local startup scene coming from a focus on creating a large number of > moderately successful startups. > > This approach breeds small wins which can be leveraged. It also breeds > experience. > > Also, if creating an internet behemoth is a question of sequential > execution, then hiding within those many moderately successful startups > should potentially be one or two much larger and more successful startups > that are passing through on their way to bigger things. > > As a side note, if you think of the Aussie tech startup ecosystem as a > startup I think we've managed to sequentially execute brilliantly to get to > where we are. > > The steps along that path weren't planned from Day 1. Rather, they were > driven by a broader vision of what could be and the exploiting of new > opportunities as they appeared as a result of previous small wins. > > Not all activities in that time have been successful but the ecosystem as > a whole has kept things moving, continually, in the right direction and we > are now much closer to achieving our broader vision than we were 5 years > ago. > > It's a great example that many local startups could learn from. > >
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